Use cases, scenarios, and examples
Compliance management and governance are essential aspects of organizations’ operations, ensuring they adhere to relevant laws, regulations, and industry standards. Various frameworks and methodologies can be applied to facilitate these processes. Next are some use cases, scenarios, and examples of compliance management and governance concepts.
Use case #1 – Data protection and privacy
Data protection and privacy refer to the measures and principles designed to safeguard individuals’ personal information and ensure that it is handled in a manner that respects their rights, maintains confidentiality, and prevents unauthorized access or misuse. These concepts are crucial in the digital age, where vast amounts of personal data are collected and processed.
Scenario: A multinational financial institution operating across various regions aims to enhance data protection and privacy compliance to safeguard sensitive customer...